Brenmiller Energy Ltd., a prominent global provider of thermal energy storage solutions, has announced a securities purchase agreement with Alpha Capital Anstalt, its largest shareholder. The agreement allows Brenmiller to issue and sell up to $25 million in securities, including preferred shares, pre-funded warrants, and ordinary warrants, in multiple tranches. The initial closing will generate $1.2 million, with an additional $3.8 million subject to certain conditions. Alpha Capital Anstalt also holds rights to purchase further securities up to $20 million. The funds will support Brenmiller's general corporate purposes and its commercial TES projects across Europe, the U.S., and the Middle East.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brenmiller Energy Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1053450) on July 28, 2025, and is solely responsible for the information contained therein.